Dubai's first regulated crypto exchange launches

posted 9 days ago
The first officially registered crypto exchange in Dubai has launched. Partner of the exchange & Chairman of the Al Zarooni Foundation, Suhail Al Zaroon, said “This will be a milestone for getting global investment opportunities from all over the world for UAE, as many financial tech companies and investors are looking forward to the crypto & blockchain industry.”

CEO and Founder of Crypto Bulls Exchange, Shasha Gupta, said the exchange has over 200,000 traders registered in the past 6 months. The exchange will be offering fiat trading pairs in the local currency, Arab Emirate Dirham (AED). Gupta added that “with this unique support from UAE government, Crypto Bulls would be able to attract a huge number of foreign investments in crypto from Asia & Middle East.”
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